GEC NEWS WIREOoredoo Management reviews financial progress against ‘Drive Strategy’ with investors and analysts
Ooredoo recently held its annual Capital Markets Day in Doha where Ooredoo’s senior management team updated investors and analysts on the business’ financial and strategic progress as part of its transparent investor relations programme.
Dr. Nasser Marafih, Ooredoo’s Group CEO led presentations by the heads of Ooredoo’s finance, strategy and B2B teams as well as the senior management of Ooredoo Qatar and Ooredoo Algeria. The management presentations provided updates on how Ooredoo performed against its Drive Strategy which is based on three core areas of focus: Leading on Customer Experience; Strengthening Foundations and Accelerating Growth.
Dr Nasser Marafih, CEO, Ooredoo Group, said, “Ooredoo has made good progress against the objectives of the Drive Strategy. Ooredoo now has more than 114 million customers globally and its brand is increasingly the preferred communications brand in many of our markets. US$1.3 billion of B2B revenue was generated in 2014 with a 25% increase in customer growth. Our e-commerce strategy with Rocket Internet is also making good progress with initial investments in Asia.”
“Our discussions today with our investors and analysts demonstrated how we are successfully progressing against our strategy, which positions Ooredoo at the heart of a digital world, able to capture the value of a global, converging communications market.” added Dr. Nasser.
